Teachers: Pensions

Education written question – answered on 4th July 2012.

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Photo of Chris Skidmore Chris Skidmore Conservative, Kingswood

To ask the Secretary of State for Education how much has been paid out in pensions to retired teachers under the Teachers' Pension Scheme in each year since 2000.

Photo of Nick Gibb Nick Gibb Minister of State (Education)

The information requested has been included in the following table. The figures have been taken from the Teachers' Pension Scheme (England and Wales) Annual Accounts and represent the Teachers' Pension Scheme expenditure with regard to the payment of pensions. Dependants' pensions are included within the figures as it is not possible to identify these separately. Although dependants' pensions may not be paid directly to teachers, they do count toward the liabilities of the Scheme.

Year ending 31 March Pensions paid (£ billion)
2000 3.14
2001 3.19
2002 3.37
2003 (1)3.97
2004 4.19
2005 4.50
2006 (2)4.13
2007 4.40
2008 4.73
2009 5.11
2010 5.56
2011 5.84
2012 6.28
(1) 2003 figures restated due to the introduction of FRS 17. (2) 2006 to 2012 figures are net of recoveries and overpayments.

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